You are considering opening a new business to sell sets of corn hole boards. You estimate that your manufacturing equipment will cost $100,000, facility updates will cost $250,000, and it will cost you $80 (in labor and material) to produce each set of boards. If you can sell a set of boards for $100 each, what is your break-even quantity?

1)3,500

2)1,000

3) 17,500

4) 4,375